Home' Border Enterprise : Enterprise Spring-Summer 2009 Contents 11
CHAMBER of commerce leaders have praised
the Albury-Wodonga Local Business Survey as a
valuable tool for shedding light on the twin cities'
The survey, which was published last month and
is available for download at www.alburywodonga.
gov.au, was the first of its kind for about five
years and painted a generally positive portrait of
the cities' economy, with 80 per cent of the 854
respondents --- about 14 per cent of businesses
--- upbeat about the future.
Northside chamber president Arthur Frauenfelder
said the survey, which is run by the Albury-
Wodonga Corporation and the two city councils,
was a valuable tool but that there had been
negative consequences to the global downturn
that may not have fully come to light.
"We've got people now doing a lot better than
they have been doing in the past 12 months," he
"However, we've got some people who don't
appear on that survey who are finding it pretty hard
and the odd business has just closed up.
"Some have decided this is the time to get out.
"Unfortunately the negative side hasn't been
represented as much as the positive side.
"It's not a fault of the survey, that's possibly a fault
of the fact people who are going out of business
don't report it.
"But overall, it is a good overall indicator of how
business in Albury-Wodonga is actually going.
"A reply rate, from my experience with other
surveys of 14 to 20 per cent, is a very high return."
Mr Frauenfelder said he expected a gradual
return to growth and doused fears of another
"I can't see the world economy taking another
serious dive," he said.
"There's that much more confidence.
"I think we will see a gradual increase and
improvement but I don't see us going back into
boom times any time soon.
"Next year the results should be better."
Wodonga chamber general manager Rob Lucas
said the survey was reflective on the anecdotal
"We've been seeing what's come through in the
survey now for at least 12 months," he said.
Mr Lucas said the global situation meant that he
was "cautiously optimistic" about the future.
SURVEY WINS PRAISE FROM CHAMBERS
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